Problems Incurred By Intermediaries

GLOBRIDGE
3 min readDec 6, 2019

Perhaps, intermediaries play big role in our lives. When we want to buy something, we usually prefer internet shopping. In the past, everything was different. We used to use direct transaction method which is seller and a consumer dealing in person. It was the only way to buy something but after intermediaries came to our lives, everything started to change. It provided great comfort for both seller and consumer. Yet, it still has some of great problems that gives big effect on both seller and customer. There are two main problems of intermediaries.

First one is trust which is big part of problems. Not being able to see the goods and not getting the cost between the seller and the consumer already caused the problem of not trusting each other. In this point, Intermediaries platform have appeared to connect seller and customer. In the beginning, existence of intermediaries make people think that there is no more trust problem. However, problem is intermediaries platform does not understand the characteristics of the substitute product. For example, if the delivery of the agent is not completed by three days from the scheduled delivery date, they unconditionally cancel the order without prior notice to the seller, or even if the customer simply requests a refund or cancellation, they cancel the order unconditionally. Yet, If the overseas direct or purchase agency is cancelled even though it may be time to wait for customs clearance or to proceed with the domestic shipping process, the damage will be fully returned to the individual sellers. Therefore, this kind of situations makes trust problems bigger. Then again, people start to think the problem is still existing.

Second one is expensive commission fee problem. It is another common problem faced by sellers and customers. Due to expensive commission fee, many seller companies said that it decreases our company profit. On the other hand, damage to customers. Sellers with lover revenue due to excessive commission fees try to lower the quality of their goods. Therefore, it causes customer can’t get better quality of products.

Seller and customers, both trying to avoid from these kind of problems. Yet, there isn’t any platform to solve it But, there is no need to worry. LIUM Platform will be launched soon. LIUM service will solve these problems with using blockchain technology, There are no intermediaries and no commission fees are required. Eliminating unnecessary intermediaries makes our profit more highly. If you want to avoid damaging from these kind of situations, you should try LIUM platform. LIUM plans to devise a platform that can contain all transactions of the world. So, why we wouldn’t use this platform.

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